Aterian (ATER) Cost of Revenue (2018 - 2026)
Aterian (ATER) posted Cost of Revenue of $6,000 for Q2 2026, down 87.2% from $47,000 a year earlier and down 25.0% from the prior quarter.
Aterian (ATER) Cost of Revenue (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Aterian was $15.01 million, down 22.9% year-over-year; for FY2025, it was $29.83 million, down 20.6% from FY2024.
- Annual Cost of Revenue has declined for four consecutive years, with a five-year compound annual growth rate of -21.6% (FY2020 to FY2025).
- In prior years, Aterian's Cost of Revenue was $37.55 million in FY2024 (-48.0%), $72.28 million in FY2023 (-37.5%), $115.65 million in FY2022 (-8.1%) and $125.9 million in FY2021 (+24.7%).
- The Q2 2026 figure stands as the lowest quarterly Cost of Revenue in data going back to Q2 2018.
- On a year-over-year basis, Cost of Revenue has declined in each of the last 14 quarters, with an average decline of 57.9% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q4 2021, with growth of 51.5%; the weakest was Q1 2025, with a decline of 99.8%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $8,000 (Q1 2026), $6.64 million (Q4 2025) and $8.35 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,712.14 Bn | 2,228.84 Bn | 104.83 Bn | 95.78 Bn |
| 2 | Home Depot | 282.27 Bn | 275.52 Bn | 16.12 Bn | 31.75 Bn |
| 3 | Tjx Companies | 146.16 Bn | 123.70 Bn | 5.07 Bn | 10.11 Bn |
| 4 | Lowes Companies | 101.42 Bn | 94.39 Bn | 8.58 Bn | 17.38 Bn |
| 5 | Ross Stores | 73.06 Bn | 55.98 Bn | 2.12 Bn | 4.15 Bn |
| 6 | Target | 70.86 Bn | 65.45 Bn | 8.94 Bn | 17.60 Bn |
| 7 | Carvana | 70.11 Bn | 61.71 Bn | 1.38 Bn | 5.99 Bn |
| 8 | O Reilly Automotive | 69.29 Bn | 68.38 Bn | 2.52 Bn | 2.38 Bn |
| 9 | Autozone | 45.61 Bn | 44.51 Bn | 2.52 Bn | 2.32 Bn |
| 10 | Aterian | 7.07 Mn | -10.24 Mn | 1,000.00 | 6,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6,000.00 |
| Mar 31, 2026 | 8,000.00 |
| Dec 31, 2025 | 6.64 Mn |
| Sep 30, 2025 | 8.35 Mn |
| Jun 30, 2025 | 47,000.00 |
| Mar 31, 2025 | 13,000.00 |
| Dec 31, 2024 | 9.00 Mn |
| Sep 30, 2024 | 10.41 Mn |
| Jun 30, 2024 | 11.09 Mn |
| Mar 31, 2024 | 7.05 Mn |
| Dec 31, 2023 | 16.05 Mn |
| Sep 30, 2023 | 20.09 Mn |
| Jun 30, 2023 | 20.37 Mn |
| Mar 31, 2023 | 15.78 Mn |
| Dec 31, 2022 | 34.53 Mn |
| Sep 30, 2022 | 36.14 Mn |
| Jun 30, 2022 | 26.92 Mn |
| Mar 31, 2022 | 18.07 Mn |
| Dec 31, 2021 | 34.44 Mn |
| Sep 30, 2021 | 33.95 Mn |
Aterian Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ATER&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "ATER", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ATER&period=max&api_key=YOUR_API_KEY");
const data = await res.json();